--- title: "Provision of a Salary Sacrifice Additional Voluntary Contribution Scheme." ocid: "ocds-b5fd17-9036760f-dd82-4097-b36d-0f4b20f3355d" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9036760f-dd82-4097-b36d-0f4b20f3355d" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9036760f-dd82-4097-b36d-0f4b20f3355d.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-9036760f-dd82-4097-b36d-0f4b20f3355d.json" source: "Contracts Finder" current_stage: "Tender" buyer: "PORTSMOUTH CITY COUNCIL" published: "2023-06-01" --- # Provision of a Salary Sacrifice Additional Voluntary Contribution Scheme. Buyer: PORTSMOUTH CITY COUNCIL Current stage: Tender OCID: ocds-b5fd17-9036760f-dd82-4097-b36d-0f4b20f3355d [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-9036760f-dd82-4097-b36d-0f4b20f3355d) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-9036760f-dd82-4097-b36d-0f4b20f3355d.json) ## Summary Portsmouth City Council is seeking a single supplier for a Salary Sacrifice Additional Voluntary Contribution scheme, aimed at enabling significant growth in savings for SSAVC members. The procurement method is an open procedure, and the tender period ends on June 30, 2023. The contract period is scheduled to start on August 6, 2023, and end on August 5, 2027. This opportunity falls under the 'Insurance and pension services' classification. The provision of this Salary Sacrifice scheme by Portsmouth City Council presents a lucrative business opportunity for firms specializing in insurance, pension services, and banking. Companies looking to access the UK Public Sector market can compete in this tender to expand their services and collaborate with various UK Public Sector Bodies. The location for delivery is specified in the tender, providing businesses with clear information for participation and growth potential. ## Notice Portsmouth City Council ('the council') is seeking to establish a single supplier Framework agreement for the provision of a Salary Sacrifice Additional Voluntary Contribution (AVC) scheme. The Framework will also be open for access by other UK Public Sector Organisations which include UK Public Sector Bodies, including Central Government, Local Authorities, Health, Police, Fire and Rescue, Education and Devolved Administrations. Portsmouth City Council introduced the first Salary Sacrifice Additional Voluntary Contribution (SSAVC) in the UK and currently delivers the service in house. The Authority are now looking for a framework to be established to enable the service to be delivered by an external provider. SSAVCs are currently available to employers with Local Government Pension Scheme (LGPS) and NHS Pension Scheme members (this may be expanded to other organisations at a later date), and it is an employer's decision whether they implement a scheme. The key advantages are that SSAVC members can achieve significant growth figures on their savings whilst at the same time the employer also makes savings. Additional information: Portsmouth City Council is currently in the process of seeking expressions of interest for the following project - Provision of a Salary Sacrifice Additional Voluntary Contribution Scheme. The full details and ability to express an interest will be via our e-sourcing system Intend. This filepath will take you to the relevant area of Intend, https://in-tendhost.co.uk/portsmouthcc/aspx/Tenders/Current Once on the page you can either scroll down or use the search function to find the relevant project. Should you have any problems with the above link, please contact us on 023 9268 8235 or email: procurement@portsmouthcc.gov.uk Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7a46c56f-52fb-47c0-b1ee-08cf93fd26fb | | Notice type | Tender Notice | | Procurement type | Framework | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 1 Jun 2023 | | Submission deadline | 30 Jun 2023 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 6 Aug 2023 - 5 Aug 2027 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | PORTSMOUTH CITY COUNCIL | | Locality | HAMPSHIRE | | Post town | Portsmouth | | Postcode | PO1 2BJ | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ3 Hampshire and Isle of Wight | | ITL 3 | TLJ31 Portsmouth | | Local authority | Portsmouth | | Electoral ward | Charles Dickens | | Westminster constituency | Portsmouth South | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66100000 - Banking and investment services - 66500000 - Insurance and pension services - 66520000 - Pension services ## Release History - 1 Jun 2023 at 17:11 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/7a46c56f-52fb-47c0-b1ee-08cf93fd26fb ## Documents - https://www.contractsfinder.service.gov.uk/Notice/7a46c56f-52fb-47c0-b1ee-08cf93fd26fb 1st June 2023 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/portsmouthcc/aspx/ Additional information on how to apply for this contract ## Notice URLs - https://in-tendhost.co.uk/portsmouthcc/aspx/Tenders/Current ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-9036760f-dd82-4097-b36d-0f4b20f3355d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9036760f-dd82-4097-b36d-0f4b20f3355d.json.